With the East Coast experiencing the worst earthquake in over 100 years this afternoon, we got curious about the relationship between rental prices and earthquake vulnerability. Turns out that while the U.S. experiences just 2% of the world's earthquakes, 90% of the population lives in the earthquake prone areas (California, New York, Washington, Salt Lake City, St. Louis, etc.). These same areas also have some of the highest rental costs in the country. Of course there are plenty of other reasons for the price trends, but it's an interesting pattern to note nonetheless.
Ironically, HotPads recently relocated from D.C. to San Francisco, and we're still jumpy every time a large truck shakes our building. We put up earthquake instructions above the water cooler, but looks like after today's big one, our friends on the East Coast might have some pointers to share.